Egyptian exchange opens Tuesday on mixed note

Egyptian Exchange (EGX) has started Tuesday’s trading session on a mixed note amid Arab and foreign sell-offs.

By 10:25 am Cairo time, the benchmark EGX30 index slipped by 0.02 percent to 13,519.4 points.

The small- and mid-cap EGX70 index inched up 0.02 percent to 698.4 points, while the broader EGX100 index dipped 0.01 percent to 1,750 points.

The equal-weighted EGX50 index slid 0.05 percent to 2,091.7 points.

Arab and foreign investors were net sellers with 3.7 million pounds and 842,000 pounds, respectively, while Egyptian investors were net buyers with 4.5 million pounds .

Trading volume amounted to nearly 10 million shares through 1,600 transactions at a turnover of 64 million pounds .

The heavyweight Commercial International Bank (CIB) added 0.86 percent to 82 pounds.